Commercial Property To Rent - 28 Parsons Green Terrace, Edinburgh, EH8 7AF

• Ground floor and mezzanine retail / café premises extending to 40.59 sq m (436 sq ft)

• Prominent roadside position opposite a future student accommodation development site (circa 190 student beds).

• Offers over £16,000 per annum (VAT Exempt)

LOCATION

The subjects are situated on Parsons Green Terrace, which is a popular retail parade within Jock’s Lodge, located 2.5 miles from Edinburgh city centre. The property is highly visible from the A1, which it faces directly onto – therefore befitting from high levels of vehicular activity and footfall.

The immediate vicinity is soon to undergo rapid transformation, which could offer exciting opportunities tied to the new student population, with circa 190 student flats to be built in 2027. For further information please refer to the Edinburgh City Council planning portal (Ref no: 20/05625/PAN).

DESCRIPTION

The property comprises a mid-terraced retail unit forming part of a 4 storey tenement building. The property is held under a flat felt roof and benefits from a large glazed frontage and sky light, therefore affording the property an abundance of natural light.

Internally, the property offers a sales area, kitchen, W/C and a mezzanine floor for sit in customers.

It is our understanding that the property benefits from Class 3 consent, however requires extraction to be reinstalled. The landlord is willing to do this for café users if required.

ACCOMMODATION

According to our calculations and in line with the RICS Code of Measuring Practice 6th Edition we estimate the subjects extend to the following approximate net internal area: 40.59 sq m (436 sq ft).

RENT

Offers over £16,000 per annum (VAT Exempt)

PREMIUM

Offers in the region of £10,000 are invited for the trade fixtures, fittings and equipment together with the goodwill of the business.

RATEABLE VALUE

According to the Scottish Assessors Association, we note that the subjects have a rateable value of £5,000.

To arrange a viewing please contact mark@denco.uk